Dan,
Im not sure why you have directed your above post at me. My previous message had no
and had nothing to do with what you have been discussing about politics/corruption/poverty etc in India or anywhere in the world.
Considering it was the weekend, I would give you the benefit of doubt that your post directed at me was in error. Just to clarify, below is what i said in my previous post. Now show me where you see the
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Not only Greece but all countries enjoying cheap printed money have been sipping on very slow poison thinking its remedial syrup. The slow poison is showing its effect now. The crisis of 2007-08 was, Imo, the first leg of a down move like our Nifty does. Since then, its so called recovery has just been a "small pull back rally". The second leg of the down move is yet to begin. God forbid it ends up being worse than the first.
The invincible chinese are finally Slowing down. Why are they slowing down? Well they relied mainly on cheap exports to the world. Now it seems that the world cannot even afford cheap chinese stuff and hence the slow down in China. These are times when one has to be very careful when buying property/homes on bank loans.
Another 30 minutes to go for Greek Voting to end. Results to start trickling in about 2 hours hence. Will be interesting to see what the Greek people decide. So far I read that its a slim divide betwen "yes" and "No" votes. I hope that people of Greece make the right decision for themselves.
Will be an interesting week for our markets too.
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Im not sure why you have directed your above post at me. My previous message had no
and had nothing to do with what you have been discussing about politics/corruption/poverty etc in India or anywhere in the world. Considering it was the weekend, I would give you the benefit of doubt that your post directed at me was in error. Just to clarify, below is what i said in my previous post. Now show me where you see the
+
Not only Greece but all countries enjoying cheap printed money have been sipping on very slow poison thinking its remedial syrup. The slow poison is showing its effect now. The crisis of 2007-08 was, Imo, the first leg of a down move like our Nifty does. Since then, its so called recovery has just been a "small pull back rally". The second leg of the down move is yet to begin. God forbid it ends up being worse than the first.
The invincible chinese are finally Slowing down. Why are they slowing down? Well they relied mainly on cheap exports to the world. Now it seems that the world cannot even afford cheap chinese stuff and hence the slow down in China. These are times when one has to be very careful when buying property/homes on bank loans.
Another 30 minutes to go for Greek Voting to end. Results to start trickling in about 2 hours hence. Will be interesting to see what the Greek people decide. So far I read that its a slim divide betwen "yes" and "No" votes. I hope that people of Greece make the right decision for themselves.
Will be an interesting week for our markets too.
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